The median contractor rate for a IT Business Analyst was £538 per day in advertised job vacancies in London during the 3 months to 25 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
IT Business Analyst
England / London
Rank 331 344 304
Rank change year-on-year +13 -40  
Contract jobs requiring an IT Business Analyst 75 96 116
As % of all contract IT jobs advertised in London 0.39% 0.43% 0.55%
As % of the Job Titles category 0.41% 0.46% 0.58%
Number of daily rates quoted 52 84 92
Median daily rate £538 £550 £550
Median daily rate % change year-on-year -2.27% -  
90% offered a daily rate of more than £400 £352 £339
10% offered a daily rate of more than £625 £625 £750
UK excluding London median daily rate £413 £380 £375
% change year-on-year +8.55% +1.33%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £27.25 - £26.50

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 18466 21022 19969
As % of all contract IT job vacancies advertised in London 94.85% 95.00% 94.87%
Number of daily rates quoted 13132 15064 13780
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £301 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 242 284 366
Median hourly rate £23.00 £17.00 £19.14
Median hourly rate % change year-on-year +35.29% -11.15%  
90% offered a hourly rate of more than £13.70 £11.50 £12.75
10% offered a hourly rate of more than £55.00 £43.55 £55.00
UK excluding London median hourly rate £17.50 £20.00 £17.22
% change year-on-year -12.50% +16.14%  

IT Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured IT Business Analyst in the job title.

Job vacancy trend for IT Business Analyst in London

IT Business Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IT Business Analyst in London.

Contractor daily rate trend for IT Business Analyst in London

IT Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing IT Business Analyst in London over the 3 months to 25 March 2017.

Contractor daily rate histogram for IT Business Analyst in London

IT Business Analyst
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing IT Business Analyst in London.

Contractor hourly rate trend for IT Business Analyst in London

IT Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IT Business Analyst within the London region over the 3 months to 25 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +14 18 £598 -0.41% 3
Canary Wharf -5 1 - -
Docklands, London - 1 £550 -
IT Business Analyst
England

IT Business Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 25 March 2017, IT Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring IT Business Analyst in the job title.

1 77 (54.23%) Banking
2 57 (40.14%) Finance
3 55 (38.73%) Business Analysis
4 35 (24.65%) Investment Banking
5 29 (20.42%) Agile Software Development
6 28 (19.72%) Derivative
7 27 (19.01%) Front Office
8 26 (18.31%) MiFID
9 25 (17.61%) SQL
10 21 (14.79%) Stakeholder Management
11 19 (13.38%) User Acceptance Testing
12 17 (11.97%) Data Analysis
12 17 (11.97%) Equities
13 16 (11.27%) Migration
13 16 (11.27%) SDLC
14 15 (10.56%) Analytical Skills
14 15 (10.56%) Project Management
15 14 (9.86%) Fixed Income
16 13 (9.15%) Degree
17 11 (7.75%) Change Management
17 11 (7.75%) GAP Analysis
17 11 (7.75%) Dodd-Frank
18 10 (7.04%) Back Office
18 10 (7.04%) Risk Management
18 10 (7.04%) Information Security
19 9 (6.34%) CRM
19 9 (6.34%) Test Scripting
19 9 (6.34%) EMIR
20 8 (5.63%) Investment Management
20 8 (5.63%) Credit Risk

IT Business Analyst Skill Set
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (4.23%) SharePoint
2 4 (2.82%) Confluence
3 2 (1.41%) Oracle Workflow
4 1 (0.70%) Adobe Experience Manager
4 1 (0.70%) Apache Spark
4 1 (0.70%) CMS
4 1 (0.70%) FileNet
Applications
1 5 (3.52%) MS Visio
2 4 (2.82%) MS Excel
3 1 (0.70%) MS Office
3 1 (0.70%) MS PowerPoint
Business Applications
1 3 (2.11%) SunGard GMI
2 2 (1.41%) Bloomberg TOMS
2 2 (1.41%) Dynamics CRM
2 2 (1.41%) ION MarketView
2 2 (1.41%) TrackWise
3 1 (0.70%) Adaptiv
3 1 (0.70%) Markit EDM
3 1 (0.70%) SAP Oil and Gas
3 1 (0.70%) SunGard APT
3 1 (0.70%) thinkFolio
Cloud Services
1 2 (1.41%) Office 365
2 1 (0.70%) IBM Blueworks
Communications & Networking
1 1 (0.70%) Firewall
Database & Business Intelligence
1 5 (3.52%) Data Warehouse
2 3 (2.11%) Big Data
3 2 (1.41%) Hadoop
3 2 (1.41%) Oracle Database
3 2 (1.41%) SQL Server
4 1 (0.70%) Apache Hive
4 1 (0.70%) Data Mining
4 1 (0.70%) EDRMS
4 1 (0.70%) HBase
4 1 (0.70%) Microsoft Analysis Services
4 1 (0.70%) MS Access
4 1 (0.70%) PostgreSQL
4 1 (0.70%) QlikView
4 1 (0.70%) SQLPlus
4 1 (0.70%) Sqoop
Development Applications
1 7 (4.93%) JIRA
2 2 (1.41%) Jenkins
2 2 (1.41%) Team Foundation Server
2 2 (1.41%) Visual Studio
General
1 77 (54.23%) Banking
2 57 (40.14%) Finance
3 35 (24.65%) Investment Banking
4 27 (19.01%) Front Office
5 10 (7.04%) Back Office
6 6 (4.23%) French Language
6 6 (4.23%) Telecoms
7 5 (3.52%) Retail
8 4 (2.82%) Financial Institution
8 4 (2.82%) Marketing
8 4 (2.82%) Pharmaceutical
9 2 (1.41%) Legal
9 2 (1.41%) Spanish Language
10 1 (0.70%) Advertising
10 1 (0.70%) Corporate Banking
10 1 (0.70%) General Ledger
10 1 (0.70%) International Banking
10 1 (0.70%) Law
10 1 (0.70%) Manufacturing
10 1 (0.70%) Private Banking
Libraries, Frameworks & Software Standards
1 3 (2.11%) Middleware
2 2 (1.41%) FIX Protocol
2 2 (1.41%) Murex MxML
2 2 (1.41%) XML
3 1 (0.70%) .NET
3 1 (0.70%) FpML
3 1 (0.70%) XML Messaging
Miscellaneous
1 28 (19.72%) Derivative
2 17 (11.97%) Equities
3 15 (10.56%) Analytical Skills
4 14 (9.86%) Fixed Income
5 8 (5.63%) Credit Risk
5 8 (5.63%) Market Risk
6 7 (4.93%) Foreign Exchange (FX)
7 6 (4.23%) Equity Derivative
8 5 (3.52%) Computer Science
8 5 (3.52%) Fintech
9 4 (2.82%) Virtual Team
10 3 (2.11%) Management Information System
11 2 (1.41%) Credit Derivative
11 2 (1.41%) Cyber Attack
11 2 (1.41%) OTC Derivatives
11 2 (1.41%) SWIFT
12 1 (0.70%) Interest Rate Derivative
12 1 (0.70%) User Experience
Operating Systems
1 2 (1.41%) Linux
Processes & Methodologies
1 55 (38.73%) Business Analysis
2 29 (20.42%) Agile Software Development
3 21 (14.79%) Stakeholder Management
4 19 (13.38%) User Acceptance Testing
5 17 (11.97%) Data Analysis
6 16 (11.27%) Migration
6 16 (11.27%) SDLC
7 15 (10.56%) Project Management
8 11 (7.75%) Change Management
8 11 (7.75%) GAP Analysis
9 10 (7.04%) Information Security
9 10 (7.04%) Risk Management
10 9 (6.34%) CRM
10 9 (6.34%) Test Scripting
11 8 (5.63%) Investment Management
11 8 (5.63%) Use Case
11 8 (5.63%) Workflow
12 7 (4.93%) Asset Management
12 7 (4.93%) Target Operating Model
12 7 (4.93%) Waterfall
Programming Languages
1 25 (17.61%) SQL
2 1 (0.70%) Java
2 1 (0.70%) Python
2 1 (0.70%) Shell Script
2 1 (0.70%) VBA
Qualifications
1 13 (9.15%) Degree
2 4 (2.82%) ISEB
3 2 (1.41%) CISSP
3 2 (1.41%) Security Cleared
4 1 (0.70%) ACCA
4 1 (0.70%) CIMA
4 1 (0.70%) CISA
4 1 (0.70%) ISSAP
4 1 (0.70%) MBA
4 1 (0.70%) SC Cleared
4 1 (0.70%) Six Sigma Black Belt
Quality Assurance & Compliance
1 26 (18.31%) MiFID
2 11 (7.75%) Dodd-Frank
3 9 (6.34%) EMIR
4 4 (2.82%) GxP
5 2 (1.41%) AIFMD
5 2 (1.41%) PCI DSS
5 2 (1.41%) QA
5 2 (1.41%) SEPA
6 1 (0.70%) Basel III
6 1 (0.70%) Data Quality
6 1 (0.70%) GDPR
System Software
1 1 (0.70%) Docker
1 1 (0.70%) HDFS
Systems Management
1 1 (0.70%) DatAdvantage
1 1 (0.70%) Hadoop YARN
1 1 (0.70%) Kubernetes
Vendors
1 6 (4.23%) Fidessa
1 6 (4.23%) Microsoft
2 5 (3.52%) Oracle
3 4 (2.82%) SAP
4 3 (2.11%) ION Trading
4 3 (2.11%) ServiceNow
4 3 (2.11%) SunGard
5 2 (1.41%) Bloomberg
5 2 (1.41%) CyberArk
5 2 (1.41%) Murex
5 2 (1.41%) Salesforce.com
6 1 (0.70%) Adobe
6 1 (0.70%) Atlassian
6 1 (0.70%) Progress
6 1 (0.70%) Varonis